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Dec 7, 2012
12/12
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investors continue to watch washington and talks on the so called fiscal cliff. november job numbers are also due out tomorrow. jobless claims fell sharply last week. the labor department said applications fell to 370,000. claims had temporarily spiked last month after superstorm sandy. analysts say the effects of the storm are still being seen in the four week average which stands at 408,000. >>> there is new information tonight about an albany middle school teacher who killed himself after being accused of sex allegations. 28-year-old james isam saki killed himself in september after police arrested him and searched his home. since then there has been debate about the extent of the crimes. according to court documents unsealed today, he exchanged thousands of flirtatious messages with an under aged student along with open mouth kissing and fondling on campus. police say there were several victims. >>> police in mountain view have just released photos of an i.d. theft woman. the woman is impersonating a customer in downtown maintain view. the woman made unauthor
investors continue to watch washington and talks on the so called fiscal cliff. november job numbers are also due out tomorrow. jobless claims fell sharply last week. the labor department said applications fell to 370,000. claims had temporarily spiked last month after superstorm sandy. analysts say the effects of the storm are still being seen in the four week average which stands at 408,000. >>> there is new information tonight about an albany middle school teacher who killed himself...
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Dec 6, 2012
12/12
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KICU
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. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year
. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your...
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this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and liberty, if you can't stand for those, and fight for them, they have no business being one of the two major political parties. >> monica is right, the republicans have allowed obama to ccntrol the debate, we have the morale high ground and our plan, obama in 2011 talking about tax reform said we can -- we don't have to raise tax rates, we can lower tax rates by capping deducts. he said that. lou: where is coordinated action and rhetoric from the party? i'm talking about from mayors to governors. >> we have been great wi
this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and...
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Dec 6, 2012
12/12
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especially if we go over the fiscal cliff. what top economists are saying about your investments. >>> and is this what the fiscal cliff deal has come to? why 81-year-old former senator alan simpson is going gangnam style to get everyone's attention on debt. >> it has officially jumped the shark. >>> alan st. pierre is the executive director for the national,or for the reform of marijuana laws. oregon senator jeff merkley, heidi ewing, and rachel grady will be joining us. steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only are they guarding the palace, they're also keeping apart supporters and opponents of mo
especially if we go over the fiscal cliff. what top economists are saying about your investments. >>> and is this what the fiscal cliff deal has come to? why 81-year-old former senator alan simpson is going gangnam style to get everyone's attention on debt. >> it has officially jumped the shark. >>> alan st. pierre is the executive director for the national,or for the reform of marijuana laws. oregon senator jeff merkley, heidi ewing, and rachel grady will be joining us....
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Dec 11, 2012
12/12
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>> susie: president obama was in michigan today, campaigning on his plan to avert the fiscal cliff. speaking to union workers at the daimler detroit diesel engine plant, the president said he is willing to compromise "a little bit" with republicans on getting a plan for economic growth, job creation, and reducing the deficit. but he said he would not compromise on raising tax rates for high-income earners. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks, and then we're asking students to pay higher student loans, or suddenly, a school doesn't have school books because the school district couldn't afford it. >> susie: meanwhile, a ranking democrat on the house budget committee tells "nightly business report" he is optimistic about getting a fiscal cliff deal by the end of they year. maryland congressman chris van hollen talked with our darren gersh, and began with an update on the status of the talks. >> well, the good news is that the president and the spe
>> susie: president obama was in michigan today, campaigning on his plan to avert the fiscal cliff. speaking to union workers at the daimler detroit diesel engine plant, the president said he is willing to compromise "a little bit" with republicans on getting a plan for economic growth, job creation, and reducing the deficit. but he said he would not compromise on raising tax rates for high-income earners. >> and that's a principle i won't compromise on because i'm not...
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and trying to figure out every last move in the fiscal cliff? do you worry about that from your colleagues in the house? >> well, i've got to tell you, i've been here 18 years. this is going to be a negotiation between the president of the united states and house speaker john boehner. and so we have engaged in some charades over the last 18 years where we all like pretend to be working in our offices, but we're not doing anything to get this done because there's nothing we can do. this is going to be a discussion between the top leaders of the house and the white house. and when they signal -- sort of like the pope being elected. when the white smoke comes out of the capitol, we can come back and execute the deal. >> wow, i don't know how i feel about the whole pope reference, talking about congress. >> that's better than being sentenced to church, i guess. >> i suppose that is true. and, in fact, that's going to be our next story. steve latourette, always nice to have you. when you're in new york, we would love to have you come and sit down wit
and trying to figure out every last move in the fiscal cliff? do you worry about that from your colleagues in the house? >> well, i've got to tell you, i've been here 18 years. this is going to be a negotiation between the president of the united states and house speaker john boehner. and so we have engaged in some charades over the last 18 years where we all like pretend to be working in our offices, but we're not doing anything to get this done because there's nothing we can do. this is...
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Dec 10, 2012
12/12
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WJLA
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. >> when it comes to the so- called fiscal cliff, president obama and house speaker john boehner met today. >> they said the lines of communication remain open. this comes after the head of the international my terry fund got tough on at the sunday talk shows. captioned by the national captioning institute --www.ncicap.org-- >> a quick fix is not the answer for resolving the fiscal crisis, said the director of the international monetary fund. a more comprehensive solution is needed. christine the guard says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america pause economy growing again. >> there is still the degree of uncertainty. investors, entrepreneurs households, are not making decisions because they do not know what tomorrow will be. >> but washington's top republican leader, house speaker john boehner, complains there has been no progress in avoiding even immediate crisis. >> when it comes to the fiscal cliff disrupting our economy and threaten jobs, the white house has wasted another week. >> democrats s
. >> when it comes to the so- called fiscal cliff, president obama and house speaker john boehner met today. >> they said the lines of communication remain open. this comes after the head of the international my terry fund got tough on at the sunday talk shows. captioned by the national captioning institute --www.ncicap.org-- >> a quick fix is not the answer for resolving the fiscal crisis, said the director of the international monetary fund. a more comprehensive solution is...
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Dec 12, 2012
12/12
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COM
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i don't want to talk about the fiscal cliff and you don't want to hear about it. for the next 20 days, all pundit are contractually obligated to talk budgetary policy and you the viewer are obligated to listen. check your cable contract. (laughter) it's right below the part where come cast gets your kidneys. they'll be there to pick them up tomorrow between the hours of 9:00 a.m. and 6:00 p.m. wear something loose. (laughter) if the parties here cannot agree to a budget deal by january 1, automatic spending cuts will kick in and plunge america into a second recession things are not looking too good. >> in washington, a fly in the ointment. debt deal negotiations have stalled. >> the fiscal cliff stalemate remains. >> the standoff continues. there isn't a lot of reason for hope. >> democrats and republicans are blaming each other for the stalled negotiations. >> who's going to blink sglirs what's going to blink first. >> the white house is daring republicans literally to blink. (laughter) >> stephen: obama is daring republicans literally to blink. well, the joke's
i don't want to talk about the fiscal cliff and you don't want to hear about it. for the next 20 days, all pundit are contractually obligated to talk budgetary policy and you the viewer are obligated to listen. check your cable contract. (laughter) it's right below the part where come cast gets your kidneys. they'll be there to pick them up tomorrow between the hours of 9:00 a.m. and 6:00 p.m. wear something loose. (laughter) if the parties here cannot agree to a budget deal by january 1,...
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Dec 6, 2012
12/12
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FOXNEWS
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take a look. >> what is the fiscal cliff? >> we're from new mexico out here to clean up. >> no idea. >> the cliff? how tall is it? >> i have no idea. >> where is it? >> can i google it? >> bad news. it's bad news. fiscal cliff. >>> end of the world, apparently, right. >> if you wanted to take one of these cliff bars, if you wanted to take one that tasted like the fiscal cliff. >> which one would you choose and why? the one that tastes like crap. >> we're all going to fall off the face of the earth. >> they need to fix it. that's what they're paid for. >> what happens if they don't? >> we're going to lose some money. >> it reminds me of something i learned in school, i'm going to guess some like of cliff, avalanche. >> how tall is it? >> i'd say at least like 370 some feet. >> i don't know. it sounds like something disgusting to eat or something. >> you heard of it? >> it's part of our economy going choooooooo. >> i'm pretty sure we don't have a fiscal cliff. >> we fell off of it. >> yes, we did. >> is it a dangerous cliff? >>
take a look. >> what is the fiscal cliff? >> we're from new mexico out here to clean up. >> no idea. >> the cliff? how tall is it? >> i have no idea. >> where is it? >> can i google it? >> bad news. it's bad news. fiscal cliff. >>> end of the world, apparently, right. >> if you wanted to take one of these cliff bars, if you wanted to take one that tasted like the fiscal cliff. >> which one would you choose and why? the one...
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Dec 11, 2012
12/12
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a key democrat talks about medicare cuts that could be part of a fiscal cliff deal. we talk with maryland congressman chris van hollen. >> tom: i'm tom hudson. two hurricanes in two years for the northeast-- a region not used to big storms comes to terms with the cleanup and cost. >> susie: and it's green monday, one of the most popular days for online shoppers. we've got details. >> tom: that and more tonight on nbr! >> susie: president obama was in michigan today, campaigning on his plan to avert the fiscal cliff. speaking to union workers at the daimler detroit diesel engine plant, the president said he is willing to compromise "a little bit" with republicans on getting a plan for economic growth, job creation, and reducing the deficit. but he said he would not compromise on raising tax rates for high-income earners. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks, and then we're asking students to pay higher student loans, or suddenly,
a key democrat talks about medicare cuts that could be part of a fiscal cliff deal. we talk with maryland congressman chris van hollen. >> tom: i'm tom hudson. two hurricanes in two years for the northeast-- a region not used to big storms comes to terms with the cleanup and cost. >> susie: and it's green monday, one of the most popular days for online shoppers. we've got details. >> tom: that and more tonight on nbr! >> susie: president obama was in michigan today,...
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Dec 10, 2012
12/12
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KRON
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. >> talks continue as a lemon fiscal cliff approaches. we'll have details on the president's private meeting with house speaker john bay near coming up. >> clear conditions as you head out of the door, not really any fog to talk about. of the door expect 30's and 40's in mid to upper 60s later this afternoon. looking ahead we have some big changes to talk about in the form of wet weather. before we get their let's talk about conditions now. 39 in santa rosa up 39 out the door in fairfield. a look at your afternoon highs and walking through future cast four and my next report. >> a live look at traffic headed to san francisco. we hardly had a back up at the bay bridge toll plaza, now it is stretching almost towards the end of the parking lot thanks to three separate stalls. one of the incline one that the cancer we recession in one of the span. they're all out of the way but there is heavier traffic into san francisco. give yourself extra time as you head into san francisco. the bid is as the lights are still off. no major hot spots. major
. >> talks continue as a lemon fiscal cliff approaches. we'll have details on the president's private meeting with house speaker john bay near coming up. >> clear conditions as you head out of the door, not really any fog to talk about. of the door expect 30's and 40's in mid to upper 60s later this afternoon. looking ahead we have some big changes to talk about in the form of wet weather. before we get their let's talk about conditions now. 39 in santa rosa up 39 out the door in...
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talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly well so good there i i guess i'm not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes and no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom that and the media loves that yeah do you think there's actually something to worry about or do you think it's something the politicians and the media used to distract us from what's really going on politics and media for sure so what's really going on that they're distracting us from. their own personal agendas people fall into a trip when it comes to reelecting. people that don't do their job. which is all of them you know in a w
talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly well so good there i i guess i'm not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes and no i definitely agree that it's a...
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Dec 11, 2012
12/12
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speaspeaker they begin now untie are near the fiscal cliff. mortgage rates three and a quarter percent. buyers have been on the sidelines for five years and anxiously been waiting for better news, more consumer confidence to come back out. we had a great spring selling season. now we are selling into the winter. it all feels good. liz: that doesn't usually happen with this much muscle. are there any log jams, or our would-be buyers getting the credit they need to buy the homes? >> our clients can get mortgages. our buyers tend to put a lot more money down. they mortgage a lot less, very high credit ratings. we are not seeing that problem at all. lower price point a little bit of a problem but it is getting better. liz: when you look at parts of the business that have done well. the analyst has taken a bit of a back seat to the actual lending business creating a cash cow for a lot of you guys. how is that doing and we understand the margins are very healthy for a lot of these names that are out there? >> our service is toll brothers, the only c
speaspeaker they begin now untie are near the fiscal cliff. mortgage rates three and a quarter percent. buyers have been on the sidelines for five years and anxiously been waiting for better news, more consumer confidence to come back out. we had a great spring selling season. now we are selling into the winter. it all feels good. liz: that doesn't usually happen with this much muscle. are there any log jams, or our would-be buyers getting the credit they need to buy the homes? >> our...
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Dec 8, 2012
12/12
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CSPAN
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the fiscal cliff would affect 27 million american families. there are other parts of this. when you hear about the fiscal cliff, it is not really the tax rate. i do not buy that at all. i do not think we need to increase these tax rates. >> if you go over and the tax rates go up on everyone and all that goes away -- >> i do not think we should do it. i think we should resolve this. it depends on if we do something about it in the next month or two after that. if we do something in 30 days or 90 days and we are clear about that, but nothing people believe we are going to do something until we do it. >> the to go to the broader concern. does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in
the fiscal cliff would affect 27 million american families. there are other parts of this. when you hear about the fiscal cliff, it is not really the tax rate. i do not buy that at all. i do not think we need to increase these tax rates. >> if you go over and the tax rates go up on everyone and all that goes away -- >> i do not think we should do it. i think we should resolve this. it depends on if we do something about it in the next month or two after that. if we do something in...
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Dec 8, 2012
12/12
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KQEH
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. >> i think the fiscal cliff ultimately will be rendered into a fiscal slow. between now and then the uncertainty is paralyzing ceo companies from big to small. you can see in the core capital goods orders which have basically fallen off in the last two quarters indicative of holding that business investment and hiring back which we think will change once we have some certainty brought into that equation. >> tom: finally housing which has shown remarkable stability in several markets but there's talk about limiting mortgage deductions with the fiscal cliff negotiations sometime next year. couldn't that impact the recovery? >> it could. obviously it might be relegated to more affluent households in terms on of the ability to do a deduction either in full or part. tend of the day there's a large household informq.rjz that's occur that's going to drive perspective homeowners into the market regardless. >> tom: let's get to the pic3sb here. you do like housing stocks with the home builders etf. what do you anticipate. they've had a nice run already. >> they've bee
. >> i think the fiscal cliff ultimately will be rendered into a fiscal slow. between now and then the uncertainty is paralyzing ceo companies from big to small. you can see in the core capital goods orders which have basically fallen off in the last two quarters indicative of holding that business investment and hiring back which we think will change once we have some certainty brought into that equation. >> tom: finally housing which has shown remarkable stability in several...
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Dec 10, 2012
12/12
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FBC
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in 2013 regardless if we drive off the fiscal cliff or not. it is force the nation's hardest workers believe it or not cough up more dough. the country's wealthiest put uncle sam competence forever. joining us now. the government made all his mistakes, so the really wealthy people can pay for it all. speak the whole point is it can fit the bill. we'll add $10 trillion of debt, doesn't obama taught no tax increases. we're talking cover the debt over that time. it is not enough to prevent a debt crisis down the line. tracy: we have seen it time and time again. thougthe ability to wealth if yu have access to important people. they don't have to pay taxes after all. >> people don't work as hard as ithey otherwise would have, dont take risks so don't get the growth have not raised taxes. i think that's what would happen if we went with president obama's plan. they come it will not grow as fast as it would have. speetracy: inevitably our taxesl go up because the wealthy do not pay as much as they thought. >> there's not enough revenue at the top to
in 2013 regardless if we drive off the fiscal cliff or not. it is force the nation's hardest workers believe it or not cough up more dough. the country's wealthiest put uncle sam competence forever. joining us now. the government made all his mistakes, so the really wealthy people can pay for it all. speak the whole point is it can fit the bill. we'll add $10 trillion of debt, doesn't obama taught no tax increases. we're talking cover the debt over that time. it is not enough to prevent a debt...
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Dec 7, 2012
12/12
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WUSA
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this is a 9 news fiscal cliff note. fact, if congress and the white house don't reach an agreement, your paycheck is going to go down. the reason? because the tax withholding in your paycheck is going to increase. here's the back story. the current payroll tax cut is set to expire december 31st. in dollars and cents this means that your payroll tax withholding is going from 4.2% to 6.2%. now why is this happening? many of the policies expiring at the end of the year like the payroll tax cuts and emergency unemployment benefits were originally passed on a temporary basis. the thinking was that the economy would be in much better shape by now and the policies could expire without causing a recession. >> you can learn more any time at www.wusa9.com and on 9 news. this has been a 9 news fiscal cliff note. >>> i'm colonel will bourn stationed in kabul afghanistan. i'd like to send out a many are rei christmas to my wife and family and -- merry christmas to my wife and family in northern virginia. >>> we are gearing up for a
this is a 9 news fiscal cliff note. fact, if congress and the white house don't reach an agreement, your paycheck is going to go down. the reason? because the tax withholding in your paycheck is going to increase. here's the back story. the current payroll tax cut is set to expire december 31st. in dollars and cents this means that your payroll tax withholding is going from 4.2% to 6.2%. now why is this happening? many of the policies expiring at the end of the year like the payroll tax cuts...
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Dec 6, 2012
12/12
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FOXNEWSW
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we are going back to the looming fiscal cliff. that's what florida senator marco rubio is talking about. >> he discusses the negotiations on capitol hill and the raising taxes. >> my parents worked in the service industry we were able to afford a house. we always had what we needed thank god and thank this country. that's only possible in the future if we have limited government and enter prides. people come here from all over the world to get away from big government. i hope multiple voices out there making the argument. it is the only way forward for us. we will never be able to raise enough taxes to get out of the situation we are in. the only way forward is rapid economic growth. not new taxes we need new taxpayers. >> rubio sa>> what a difference few days can make. we had gorgeous weather a few days ago. it will be really wintery outside today. >> somebody in the hallway this morning was why is it so cold out, dean? it is december. we had a treat with warmer than average temperatures than most. winter out there in new york ci
we are going back to the looming fiscal cliff. that's what florida senator marco rubio is talking about. >> he discusses the negotiations on capitol hill and the raising taxes. >> my parents worked in the service industry we were able to afford a house. we always had what we needed thank god and thank this country. that's only possible in the future if we have limited government and enter prides. people come here from all over the world to get away from big government. i hope...
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Dec 5, 2012
12/12
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CNBC
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especially the fiscal cliff. in this grim environment you can find sectors that are holding up better than you might think. poncy says the pull back in retail might be just the moment that you want to pull the trigger to this key sector index. wouldn't that be something? stay with cramer and we will be right back. >> coming up. something is brewing. starbucks has been serving up solid returns. but could concerns about its moving to tea mean it is time to layoff the caffeine or is this your chance to fill up your cup before the shares really get percolating? cramer is grinding through the facts next. >>> tomorrow we are going to hear from one of my favorite companies and it is starbucks. having its biennial analyst day. right now it is more than ten points off its high for the year. i think it could mark the beginning of the stock's next big rally. you can follow along at actionalertsplus.com. a service that i do with the street. tomorrow i expect a terrific story. i'll give you a preview. lots of people ask me ho
especially the fiscal cliff. in this grim environment you can find sectors that are holding up better than you might think. poncy says the pull back in retail might be just the moment that you want to pull the trigger to this key sector index. wouldn't that be something? stay with cramer and we will be right back. >> coming up. something is brewing. starbucks has been serving up solid returns. but could concerns about its moving to tea mean it is time to layoff the caffeine or is this...
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Dec 13, 2012
12/12
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CNBC
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. >> fiscal clip? >> cliff. >> oh. >> what is the fiscal cliff? >> i have no idea. >> all right, one month later, nearly everyone knows what it is. nearly. >> are you concerned about this so-called fiscal cliff? >> ah, no, i'm not actually. i think that they will fix it and i'm a positive person. >> i am not concerned about the fiscal cliff. >> how come? >> because right now i'm concerned about getting the right gift for my mom? >> i still have people and friends, very close friends, out of work, underemployed, so, i, yeah, of course i'm concerned about it, yeah. >> do you know what the fiscal cliff is, ashley? >> i do, but i don't know enough about it tos be concerned or have an opinion on it so i'd rather just worry about my christmas gifts. >> all right, she gave me an honest answer. bull regardless of knowledge, people are increasing their spending, everyone from piper afterree to the consumer federation said people are spending more this holiday and we are hearing from shoppers here that cliff or no cliff, they are most all telling me they th
. >> fiscal clip? >> cliff. >> oh. >> what is the fiscal cliff? >> i have no idea. >> all right, one month later, nearly everyone knows what it is. nearly. >> are you concerned about this so-called fiscal cliff? >> ah, no, i'm not actually. i think that they will fix it and i'm a positive person. >> i am not concerned about the fiscal cliff. >> how come? >> because right now i'm concerned about getting the right gift for my mom?...
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Dec 6, 2012
12/12
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FOXNEWS
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talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement, go over the cliff. let's hope we can have an agreement. jon: those remarks just into our fox newsroom from house minority leader nancy pelosi moments ago saying republicans are avoiding the conversation on the fiscal cliff. meantime we're awaiting new reaction from white house press secretary jay carney. there is a live look at the podium in the west wing. you can see it is empty right now. jay carney should be stepping up to the microphone momentarily and we expect the topic a is going to be the fiscal cliff and the white house position on i
talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement,...
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i have to start with this fiscal cliff that is being managed. i said at the beginning of this broadcast, this is unequivocally and solely thepresident's decision. it is his soluon that will determine whether we go into a fiscal cliff. why is te republican party not getting that? >> well, i think they missed out on a big opportunity to own this argunt. theyissed out on it. mitt romney missed out on it dung the presidential campaign. and it was missed out on this time around. a lot of conservatives are real hoping thate was going to d dig his heels in on this issue and but for the proposal that was all right and ask and we could count on it and maybe do some of the pr and marketing to back tha up so we can swing public opinion. >> except clearly that is not happening. >> let's move forward. hindsight. okay. mistakes were made. now what to do? a tour republican party sees this is a huge political gam, why don't they do smmething about it? >> the republican party is going to get blamed. if you look a all of the polling, the pure research, everyone i
i have to start with this fiscal cliff that is being managed. i said at the beginning of this broadcast, this is unequivocally and solely thepresident's decision. it is his soluon that will determine whether we go into a fiscal cliff. why is te republican party not getting that? >> well, i think they missed out on a big opportunity to own this argunt. theyissed out on it. mitt romney missed out on it dung the presidential campaign. and it was missed out on this time around. a lot of...
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Dec 7, 2012
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. >>> the president is taking the fiscal cliff solution to the people. plus, a modern day five story ripped through the pages of a tom clancey novel. "early today" starts right now. >> announcer: this is "early today" for friday, december 7th, 2012. >>> good mornings,er one. i'm lynn berry. we're going to start with breaking news out of japan. a strong 7.3 earthquake has struck off the country's northeast coast beneath the sea bed. it shook buildings as far as tokyo and warnings were issued for miyagi prefecture. there's no risk for a widespread tsunami. we'll bring you the very latest. >>> elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capitol, this time in response to a political explosive power grab by the president, mohammed morsi. right now army tanks surround the presidential palace as thousands of protesters shout topple the regime, the same chant heard during the regime of hosni mubarak. in a tv show morsi said absolute powers he granted himself will expire with a vote on december 15th but that did littl
. >>> the president is taking the fiscal cliff solution to the people. plus, a modern day five story ripped through the pages of a tom clancey novel. "early today" starts right now. >> announcer: this is "early today" for friday, december 7th, 2012. >>> good mornings,er one. i'm lynn berry. we're going to start with breaking news out of japan. a strong 7.3 earthquake has struck off the country's northeast coast beneath the sea bed. it shook buildings...
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Dec 10, 2012
12/12
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CNBC
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what should the transition to the fiscal cliff here? are you sleeping nights thinking about all this? or how are you viewing what's going on in washington right now? >> people ask me what keeps me awake at night. i said nothing is important to keep me awake at night. that doesn't really advance the ball, one might say. you know, i can see the outlines of the fiscal cliff being avoided right now. reading a little bit behind the scenes. all i'm doing is paying attention to what's going on out there. i don't have the inside information or anything. but it has to be done. it has to be fixed. and i assume it will be. and i often quote churchill. maybe even on your show once, bill. that said americans always do the right thing but only after they've tried everything else. so we've tried everything else. that leaves us for the right thing which is some tax increases and some cuts in long-term benefits, medicare, social security, and so on. >> in which case and i hate saying this because it obviously shoots ourselves in the foot. are you advoca
what should the transition to the fiscal cliff here? are you sleeping nights thinking about all this? or how are you viewing what's going on in washington right now? >> people ask me what keeps me awake at night. i said nothing is important to keep me awake at night. that doesn't really advance the ball, one might say. you know, i can see the outlines of the fiscal cliff being avoided right now. reading a little bit behind the scenes. all i'm doing is paying attention to what's going on...
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Dec 11, 2012
12/12
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KPIX
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he cashed the ticket now instead of 2013 to avoid the looming "fiscal cliff." >> smart guy. >> hey. >> we have an audience here with lawrence. >> hi, lawrence. >> hi, lawrence. >> keep going. >>> it is 6:20. coming up, how a tweet got a 49er player suspend. we'll tell how. >> call them the road warriors. golden state notches another win. >> what are you doing? what's cool about your scho? you can submit your nominatn our webs slash cool schoo >>> what is cool about your school? you can submit your nomination on our website, cbssf.com/coolschool and we may come out and feature school on the show. we'll be right back. ,,,,,,,,,,,,,,,,,,,,,, >>> a quiet start to the day so far. we have rain, we'll talk about that coming up. >> checking traffic cameras across the bay area, that bay bridge toll plaza camera is looking stacked up, jamming up towards the 880 overcrossing. golden gate bridge and milpitas cam, traffic still moving at the limit. much more coming up. >>> here is a surefire way to get kicked out of an nba game. johnson. raptors tried to take the ball away from the refs after a fr
he cashed the ticket now instead of 2013 to avoid the looming "fiscal cliff." >> smart guy. >> hey. >> we have an audience here with lawrence. >> hi, lawrence. >> hi, lawrence. >> keep going. >>> it is 6:20. coming up, how a tweet got a 49er player suspend. we'll tell how. >> call them the road warriors. golden state notches another win. >> what are you doing? what's cool about your scho? you can submit your nominatn our webs...
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Dec 5, 2012
12/12
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KTVU
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as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have flooding in the two right hand lanes. so be aware of that. and then if we head over to the oakland care you can -- oakland area we have slowing through the richmond area. we also have this accident still being cleared here at buchanan street and a stalled truck on 24 near the caldecott tunnel. if we take a live look at the bay bridge toll plaza, we have a lot of rain out there. the metering lights are on. you're looking at an extra 15 minutes to get into san francisco. here's a look at highway 24 live. that stalled truck could be causing big delays. let's check in with steve. >>> tara, thank yo
as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have...
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the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it
the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be...
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Dec 12, 2012
12/12
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CNBC
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so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean that we lose the entire first quarter because everybody is still worrying and talking about the issue. and here we go, clients again, investing in a time when they need to be invested. >> he also thinks if we go over the cliff it might trig ear recession. what about the fed? as you know, it announced those big moves today. tying any move in rates to the unemployment rate. are we in a bond double? we will hear from blackrock's chief investment officers of fundamentals fixed income reader told me later. >> ty, over to you. >> thank you very much. to the
so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is...
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Dec 7, 2012
12/12
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and one of our viewers has a question for you about the fiscal cliff. you know all about the back and forth and drama about the fiscal cliff and delores wants your thoughts on where do you stand on this whole fiscal cliff, how will it play out. >> congress better get off its duff and do something. and i think that finally the pressure will be on us. but they always do it right to the last, you know, minute. but i think it's got to happen or they're going to be ousted from their hallowed political seats. >> tom: you could argue in the three years you've been away from the nbr anchor desk congress hasn't done a lot to address the fiscal situation. >> no it's just ridiculous. i mean these are our elected representatives and they have got to pay a little more attention to those that got them in the office. and they're arguing amongst themselves without much care about the people they represent. >> tom: a lot of those folks are retiree, we have a question from anita asking what is the investing or financial planning lesson paul use most during retirement? >>
and one of our viewers has a question for you about the fiscal cliff. you know all about the back and forth and drama about the fiscal cliff and delores wants your thoughts on where do you stand on this whole fiscal cliff, how will it play out. >> congress better get off its duff and do something. and i think that finally the pressure will be on us. but they always do it right to the last, you know, minute. but i think it's got to happen or they're going to be ousted from their hallowed...
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the fiscal cliff talks not going anywhere yet. during the next two weeks we will start to see some positive remarks. one thing that is very interesting, heat and oil settled in a very weak position. those two coming off could take the energy complex down much further. right now only 85 to 85.10. cheryl: we have plenty of supply out there right now. we are in the middle of winter. >> we have a tremendous amount of supply. we do not have much cold weather coming up near term. once the fiscal cliff starts getting resolved, you will see some buying going on. cheryl: bobby, i want to go back to you about europe. we have not had a lot of problees. seems like the greeks are kind to getting things. >> the last few days, europe markets have been pretty strong. as you said, a sleeping giant. cheryl: i do not want to see anything change. it has been nice. gentlemen, thank you. i appreciate it. great floor show today. uncertainty seems to be the norm in washington these days. last year you have the debt ceiling convey. congress had trouble pu
the fiscal cliff talks not going anywhere yet. during the next two weeks we will start to see some positive remarks. one thing that is very interesting, heat and oil settled in a very weak position. those two coming off could take the energy complex down much further. right now only 85 to 85.10. cheryl: we have plenty of supply out there right now. we are in the middle of winter. >> we have a tremendous amount of supply. we do not have much cold weather coming up near term. once the...
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Dec 6, 2012
12/12
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KRCB
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businesses are looking ahead, and they're thinking with increased taxes, because of the fiscal cliff, if the worst happens, consumer demand is just going to fall off. they are already ting action today to try to prepare for that eventuality. but the consumer is kind of blankly ignoring this, and confidence is up for really lots of reasons. i mean, the net worth of households has been repaired. about two-thirds of it has come back as house prices rise and stock prices are now double what they were at the bottom in march of '09. when you look at state and local budgets, they're now much better with revenue rising. so theayof and budget cuts, we think are waning, if not over. housing is clearly coming back. things are improving and consumer confidence reflects that. >> tom: but there is that dark cloud of the fiscal cliff. you mentioned it earlier, businesses planning for consumer confidence to go off that cliff if we go off it as a country. do you not agree with that prospect? >> well, no. i believe it will -- if nothing happens and there is no agreement, i think there will be a mild, k
businesses are looking ahead, and they're thinking with increased taxes, because of the fiscal cliff, if the worst happens, consumer demand is just going to fall off. they are already ting action today to try to prepare for that eventuality. but the consumer is kind of blankly ignoring this, and confidence is up for really lots of reasons. i mean, the net worth of households has been repaired. about two-thirds of it has come back as house prices rise and stock prices are now double what they...